Question

Consider the following statements regarding India’s Industrial Policy evolution: 1. The Industrial Policy Resolution of 1956 emphasized the commanding role of the private sector in core industries. 2. The 1991 Industrial Policy abolished industrial licensing for most sectors. 3. The 1991 policy led to the nationalization of several private enterprises. Which of the above statements is/are correct?

A 1 only
B 2 only
C 1 and 3 only
D 2 and 3 only
E 1, 2 and 3
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